06.09.2016 - RBA interest rate remained at 1.50%
The Reserve Bank of Australia has decided not to change the monetary policy settings and as a result the key interest rate remained at 1.50%. It is worth noting that the country's central bank cut interest rates twice this year, which gave a positive result, and supported the growth of the economy. Short-term prospects on the labor market remain positive. Investors continue to monitor the situation on the commodity markets and the US dollar. Our medium-term outlook remains negative and we expect a strong price movement after tomorrow's publication of statistics on GDP.